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Pakistan Petroleum Limited
Pakistan Petroleum Limited (PPL) ( ur, ) is a Pakistani state-owned petroleum company. It was incorporated on 5 June 1950, when it inherited the assets and liabilities of the Burmah Oil Company Ltd. which initially holds 70% of the share with the rest mostly held by the government of Pakistan (GoP). As of June 2011, Government of Pakistan held 70.66% of the shares. The company is headquartered in Karachi. It operates major oil and gas fields, including the Sui gas field, has non-operating interests in other fields, and has an interest in an exploration portfolio onshore and offshore. The company's Managing Director reports to the Petroleum Secretary of Pakistan. In 1997, the old company Burmah Oil Company of the United Kingdom sold all its remaining equity in this company to the Government of Pakistan. Operations PPL is operator and shares 100% in two fields: * Kandhkot gas field was discovered in 1959 but due to low demand, production did not begin until 1987. It was hit by fl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Sector
The public sector, also called the state sector, is the part of the economy composed of both public services and public enterprises. Public sectors include the public goods and governmental services such as the military, law enforcement, infrastructure, public transit, public education, along with health care and those working for the government itself, such as elected officials. The public sector might provide services that a non-payer cannot be excluded from (such as street lighting), services which benefit all of society rather than just the individual who uses the service. Public enterprises, or state-owned enterprises, are self-financing commercial enterprises that are under public ownership which provide various private goods and services for sale and usually operate on a commercial basis. Organizations that are not part of the public sector are either part of the private sector or voluntary sector. The private sector is composed of the economic sectors that are intended ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Petroleum Secretary Of Pakistan
The Petroleum Secretary of Pakistan (Urdu: ) is the Federal Secretary for Ministry of Energy (Petroleum Division). The officer is a BPS-22 grade officer, usually belonging to the Pakistan Administrative Service. The Secretary Petroleum is considered to be a highly lucrative and prized post in the Government of Pakistan. The Secretary heads the Division which is responsible to ensure availability and security of sustainable supply of oil and gas for economic development and strategic requirements of Pakistan, and to coordinate development of natural resources of energy and minerals. Mega-sized companies such as the Pakistan Petroleum Limited (PPL), Oil and Gas Development Company (OGDC) and Pakistan State Oil (PSO) come under the purview of Secretary Petroleum. See also * Government of Pakistan *Commerce Secretary of Pakistan *Pakistan Secretary of Economic Affairs The Economic Affairs Secretary of Pakistan , also referred to as Secretary EAD, is the Federal Secretary for the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Listed On The Pakistan Stock Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Non-renewable Resource Companies Established In 1950
A non-renewable resource (also called a finite resource) is a natural resource that cannot be readily replaced by natural means at a pace quick enough to keep up with consumption. An example is carbon-based fossil fuels. The original organic matter, with the aid of heat and pressure, becomes a fuel such as oil or gas. Earth minerals and metal ores, fossil fuels (coal, petroleum, natural gas) and groundwater in certain aquifers are all considered non-renewable resources, though individual elements are always conserved (except in nuclear reactions, nuclear decay or atmospheric escape). Conversely, resources such as timber (when harvested sustainably) and wind (used to power energy conversion systems) are considered renewable resources, largely because their localized replenishment can occur within time frames meaningful to humans as well. Earth minerals and metal ores Earth minerals and metal ores are examples of non-renewable resources. The metals themselves are present ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Energy Companies Established In 1950
In physics, energy (from Ancient Greek: ἐνέργεια, ''enérgeia'', “activity”) is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of heat and light. Energy is a conserved quantity—the law of conservation of energy states that energy can be converted in form, but not created or destroyed. The unit of measurement for energy in the International System of Units (SI) is the joule (J). Common forms of energy include the kinetic energy of a moving object, the potential energy stored by an object (for instance due to its position in a field), the elastic energy stored in a solid object, chemical energy associated with chemical reactions, the radiant energy carried by electromagnetic radiation, and the internal energy contained within a thermodynamic system. All living organisms constantly take in and release energy. Due to mass–energy equivalence, any object that has mass whe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Karachi
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial pe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Burmah-Castrol
The Burmah Oil Company was a leading British oil company which was once a constituent of the FTSE 100 Index. In 1966, Castrol was acquired by Burmah, which was renamed "Burmah-Castrol". BP Amoco (now BP) purchased the company in 2000. History The company was founded in Glasgow in 1886 by David Sime Cargill, an East India merchant, to succeed his Rangoon Oil Company Ltd, also of Glasgow, to further expand and develop oil fields in the Indian subcontinent. On his death in 1904 the ownership and chairmanship passed to his son Sir John Cargill. In the 1900s, the Admiralty was projecting a changeover from coal to fuel oil for its warships. In 1905, the company signed a contract with the Admiralty to supply naval fuel oil from Rangoon. In the first decade of the 20th century, Burmah Oil created a new subsidiary company named Anglo-Persian Oil Company (APOC) to succeed the early prospecting in Persia of William Knox D'Arcy. 97% of the new company's shares were held by Burmah ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-owned Companies Of Pakistan
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-own ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oil And Gas Companies Of Pakistan
An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) & lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated lipids that are liquid at room temperature. The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in structure, properties, and uses. Oils may be animal, vegetable, or petrochemical in origin, and may be volatile or non-volatile. They are used for food (e.g., olive oil), fuel (e.g., heating oil), medical purposes (e.g., mineral oil), lubrication (e.g. motor oil), and the manufacture of many types of paints, plastics, and other materials. Specially prepared oils are used in some religious ceremonies and rituals as purifying agents. Etymology First attested in English 1176, the word ''oil'' comes from Old French ''oile'', from Latin ''oleum'', which in turn comes from the Greek (''elai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Balochistan
Balochistan ( ; bal, بلۏچستان; also romanised as Baluchistan and Baluchestan) is a historical region in Western and South Asia, located in the Iranian plateau's far southeast and bordering the Indian Plate and the Arabian Sea coastline. This arid region of desert and mountains is primarily populated by ethnic Baloch people. The Balochistan region is split between three countries: Iran, Afghanistan and Pakistan. Administratively it comprises the Pakistani province of Balochistan, the Iranian province of Sistan and Baluchestan, and the southern areas of Afghanistan, which include Nimruz, Helmand and Kandahar provinces. It borders the Pashtunistan region to the north, Sindh and Punjab to the east, and Iranian regions to the west. Its southern coastline, including the Makran Coast, is washed by the Arabian Sea, in particular by its western part, the Gulf of Oman. Etymology The name "Balochistan" is generally believed to derive from the name of the Baloch people. Sinc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sindh
Sindh (; ; ur, , ; historically romanized as Sind) is one of the four provinces of Pakistan. Located in the southeastern region of the country, Sindh is the third-largest province of Pakistan by land area and the second-largest province by population after Punjab. It shares land borders with the Pakistani provinces of Balochistan to the west and north-west and Punjab to the north. It shares International border with the Indian states of Gujarat and Rajasthan to the east; it is also bounded by the Arabian Sea to the south. Sindh's landscape consists mostly of alluvial plains flanking the Indus River, the Thar Desert in the eastern portion of the province along the international border with India, and the Kirthar Mountains in the western portion of the province. The economy of Sindh is the second-largest in Pakistan after the province of Punjab; its provincial capital of Karachi is the most populous city in the country as well as its main financial hub. Sindh is home ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Petroleum Institute
The American Petroleum Institute (API) is the largest U.S. trade association for the oil and natural gas industry. It claims to represent nearly 600 corporations involved in production, refinement, distribution, and many other aspects of the petroleum industry. Much of its work has been dedicated to the advancement of climate change denial and blocking of climate legislation to defend the interests of its constituent organizations. The association describes its mission as "to promote safety across the industry globally and influence public policy in support of a strong, viable U.S. oil and natural gas industry". API's chief functions on behalf of the industry include advocacy, negotiation and lobbying with governmental, legal, and regulatory agencies; research into economic, toxicological, and environmental effects; establishment and certification of industry standards; and education outreach. API both funds and conducts research related to many aspects of the petrol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
